fran

I.O.U.S.A.: Documentary Worth a Peek

oil[peak or other] is covered by the consumption/excessive spending/poor savings/balance of trade/etc. the peterson cause cares not what drives these ruinous factors[these can change with time]. the message is straight forward--

if an individual continued to borrow to pay for his escalating costly lifestyle, could not get endless loans, could not tax his family, could not print counterfeit currency, would such person end up bankrupt??? the things he bought with values[loans/taxes?] he possessed matter little. in the end, same result.

the nation[many similar individuals on a constant consumptive spending binge] is destined for the same bankrupt ending.

the end can be delayed due to unlimited taxing authority and unlimited printing of decreasing valued currency.

the questions are--

1-when do the "taxed" and the "acceptors[creditors] of the bogus currency say "no mas"-revolt?

2- does the potential bankruptee enter a ten step program with cuccess before item 1 occurs?

as ralph edwards [for those with enough years to remember] would say--

THIS IS YOUR LIFE!

yes it is mr/ms america